3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for Bitcoin USD
Our trading algorithm values Bitcoin USD (BTC-USD) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $19300.19 |
| 60 Day Prediction | $15425.14 |
| 60 Day Pred - Lower Bound | $10470.9 |
| 60 Day Pred - Upper Bound | $20359.36 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -105.651 * nr_days_in_the_future + 18594.674
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
BTC-USD traded at $19300.19 this Wednesday October 19th, gaining since last week.
Looking back, over the last month, BTC-USD has been loosing $-131.6 or -0.68 percent.
Over the last year, it has been loosing $-22944.28 or -118.88 percent.
Seasonality of Bitcoin USD
Using our AI model, we have been analyzing the value change for Bitcoin USD depending on the day or month of a year. This can be seen in the following graph:
